UK Carmakers Urge Government to Tackle Trump’s 25% Car Tariffs
British car manufacturers are set to meet with government ministers to address the implications of President Trump’s imminent 25% tariffs on U.S. car imports, effective April 3. The UK government is actively negotiating for exemptions from these tariffs, which could significantly impact the automotive sector, a key export industry valued at £9 billion last year. While some automakers feel it may be too late for negotiations, they are eager to discuss potential government support as a response to the tariffs. The UK has taken a more cautious stance, emphasizing a desire to avoid escalating trade tensions as observed in reactions from other countries like Germany, which has called for a firm collective response. Additionally, the industry is concerned about upcoming changes in the UK’s electric vehicle mandate which may financially disadvantage local manufacturers in favor of foreign companies like Tesla. Global reactions include threats of trade retaliation from nations such as Canada and France, indicating a wider context of international trade frictions.